understanding general liability insurance General liability insurance, also known as commercial general liability insurance, is a type of insurance that provides coverage for businesses against third-party claims of bodily injury or property damage. It is designed to protect businesses from financial losses that may occur as a result of these types of claims. The types of claims that are typically covered by general liability insurance include: Slip and fall accidents that occur on the business’s…

Workers’ compensation insurance is a type of insurance that provides financial benefits to employees who are injured or become ill as a result of their job duties. This insurance is mandatory for most employers and is designed to protect both the employee and the employer from financial loss. Workers’ compensation insurance is intended to cover medical expenses, lost wages, and other costs related to an employee’s injury or illness. This includes things like doctor’s visits,…

Business insurance is a type of insurance that helps protect companies and their owners from financial losses due to unexpected events. There are many different types of business insurance policies available, each designed to address specific risks that companies may face. Some common types of business insurance include: General Liability Insurance: This type of insurance provides protection against third-party claims of bodily injury or property damage. Property Insurance: This type of insurance covers damage to…